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of mergers to talk about. nicole: the first is in airline deal. it was highly anticipated that u.s. airways and american airlines would merge. first let's hit heinz. i am going to stick with heinz. warren buffett, berkshire hathaway. obviously at a premium. heinz is up 20%. watch the 3:00 p.m. show, we will certainly delve into it more for you. he loves their products. he loves the emerging markets. he thinks it was a great buy. then, we will talk about u.s. airways and american airlines merger. you can see they are finally coming together. the u.s. airways ceo will remain in the top spot as ceo. u.s. airways is down right now. dagen: thank you, nicole. connell: we are waiting for the speaker of the house, john boehner. we say take a look at this. a little over two weeks until automatic spending cuts will kick in. congress taking a week off leaving you just six working days to get something done. dagen: wait until the last minute has become the norm. how do you think this plays out? >> i think the impact on the economy will be small. the cuts are relatively small. we had $175 billion in tax
unveiled by two of the most liberal members of the u.s. senate. barbara boxer from california and bernie sanders from vermont want to make polluters to manufacturers, and power plant operators pay for the pollution they generate. joining me now with the top republican on the senate energy committee, senator lisa murkowski. thank you for being with us again. great to see you. the carbon tax, good or bad idea >> this is something that is going absolutely nowhere. if what is proposed is something that is going to increase the cost to the consumers, this is just not going to happen. and when you think about the proposal that has been before the cut across, the captain trade proposal, it does not even take out the democratic lead said. it did not want to touch that. and of the to going to want to touch a carbon tax either. this is something that is just going to increase the cost to the consumer at a time that nobody is looking to increase their energy costs. we should not be looking to increase it. we should be making our energy more affordable. gerri: let me give you some numbers here. the
major deals. what's pressuring stocks? >> a fascinating look at ceo confidence, pwc's u.s. chairman is standing by. right now, he has his annual ceo survey. it might surprise you. >> calling senate's bluff on spending. lou dobbs weighs in. >> news on the stranded carnal cruise ship. the clock cannot turn fast enough. those poor people. >> i agree. up to speed on the markets, back to the floor, annie coal -- and nicole, another sideways day. >> dow down six points, not far off the unchanged line for all three major averages. the nasdaq and s&p squeeze out gains, the dow slightly to the downside. s&p, as we talked about yesterday, right, broader average, and the dow just has 30. it moves the archings more. one thing the traders talked about from the minute i walked in this morning was europe. you see the euro lower, the dollar is strong on a day where we heard that europe is struggling with growth over in germany, in particular, that's the real big one. france and italy would be in there. when you talk about the eurozone and growth potential seeing it is disappointing and not pulling
and u.s. airways are announcing an $11 billion merger this morning. it will create the world's largest airline. sharyl attkisson is at reagan national airport just outside of washington. sharyl, good morning. >> reporter: good morning, this is the seventh merger since 2005 in an industry that faces stiff competition and rising fuel prices. few may be paying more for your tickets. the new airline will take the american airlines name helping to boost a company that's been in bankruptcy for more than a year. american has struggled to compete in recent years as its rivals have grown. the marriage between number three american and number four u.s. airways will create the world's largest carrier, bigger than united which merged with continental in 2010 and delta, which merged with northwest in 2008. american's ceo tom horton told "cbs this morning" travel editor peter greenberg last month that merging was the only way to prevent collapse. >> you've got to move fast in this business and time for our companies to start looking forward. >> reporter: four airlines will c
, art, certainly we have a lot of deals going on. the biggest month for u.s. deals since june 2008. it's the gdps around the world putting a wrempbl into futures this morning. >> particularly in europe, shares of gdp reports knocked europe for a tailspin here. not too much valentine's day cheer showing up. so far beginning to look like the dow has given up rallying for lent. let's hope that doesn't continue. >> lent is a long time so let's hope not. in terms of the g-20, it's sort of a photo-op and that's it. is it much more important this time around as there's so many statements regarding currency manipulation being bandied about, having an impact on currency market and equity markets. >> you're absolutely correct. it went from g 7 comments to possibly right on the main table. g-20 meeting. the thrust is the end. how do we keep this orderly and prevent an outright currency war from breaking out. we've got a lot of american message fund players going along. half the world appears to be short the end believing this is going on. >> a longtime strategy to a certain extent, worries about
. >>> including that merger, american airlines and u.s. airways announces a massive merger to become the world's biggest airline. it will affect everyone who flies. >>> and we're going to have the latest on the bumpy ride for chuck hagel on capitol hill, as key senators delay the confirmation vote on his nomination of defense secretary. there's been heated hears on whether or not to approve him. >>> and jenny mccarthy defending her cousin, melissa mccarthy, on the critic who savaged melissa on his review of "identity thief." >> coming down on the worst kind of commentary. >> that's coming up. >>> let's get to the breaking news out of south africa. the double-amputee sprinter, oscar pistorius, who captured so many hearts at the london olympics has been charged with murdering his model girlfriend. she was shot four times with his gun in his home. and abc's lama hasan has the latest. good morning, lama. >> good morning to you, george. oscar pistorius is appearing in a south african court right now, being charged with the murder of his girlfriend. police confirms there's no reports of false entry
the night of the deadly attack on the u.s. consulate in benghazi, libya. my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we've got a lot of empty cans. all right that's a fifth-floor probleok.. not in my house! ha ha ha! ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. it's been said that beauty is in the ewell...behold. der. behold water so blue it merges with the sky above. behold natural beauty above the sea, and far below. behold smiles so wide they stretch across the face of an entire nation. behold...the islands of the bahamas. so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our f
quester. certainly a reconciliation after the fact that the u.s. is spending so much more than it brings in. i think one of the interesting things, just around rates, bullard yesterday, for example, said that he expects 3% real growth this year. so 3% real growth and 2% inflation, that gets me to march like a 5% ten-year. we're nowhere close to that. lloyd blankfein was on ur yo showing saying investors, if there is some sort of ex oh dus into stocks, and that's becoming a story -- >> and lloyd has been talking about just the potential for a stock market boom, too. >> dean, the name of your firm is macro, right? >> yes. >> so you're used to looking macro? >> yes. >> but typically, three were four, five years ago, isn't your first thing that you talk about, you mentioned washington, the sequester, the debt ceiling, every single thing you mentioned was policymakers. has it always been like that or is this a different period for your firm? >> this is i think pretty new. >> so it's hard to avoid talking about those things, right? >> that you have to pay attention to central banks, of course,
, dave singer from the u.s. marshals, special agent in charge, tim delaney from the federal bureau of investigations. assistant chief, state of california, department of fish and game and chief bill siegel, california highway patrol. if you have any questions regarding individual or specific questions about their individual investigations, please hold those until all the question and answer period and with that, i introduce sheriff john mcmahan. >> good afternoon. the events that occurred yesterday in the big bear area brought to close an extensive man hunt for a murder suspect, christopher dorner. our deputies in big bear responded to the report of a stolen vehicle with the subject matching the description of dorner. he crashed that vehicle and carjacked a vehicle in the oaks area. the deputies continued searching that area for the new suspect vehicle, the white pick-up truck, as well as dorner. the deputies were able to locate the vehicle, crashed, and he, dorner fled into a vacant cabin. as the deputies were arriving, we believe suspect dorner began firing and ambushed our deput
. speaker, this is no time to eliminate preclearance. i'm reminded of a letter i wrote to the u.s. attorney's office, attorney general eric holder, to just in my city alone, the city of houston, to report 15 voter abuse cases. without the preclearance where would we be? or the proposal to eliminate the independent school district board of trustees, over a school district that has worked hard to survive, will be subjected to the preclearance to determine whether not only the students will be denied their right to learn in a school district they love and is fighting for their education, but that elected persons will be denied the right to serve and others denied the right to vote for them. the voting rights act protects all voters. it gives them all the right to vote, one vote one person. shelby county has raised the issue they should not be subjected to preclearance. they are beyond that. the district court, federal court decided in washington, d.c., that they were wrong. that preclearance is constitutional. and we know that well because about -- because when we had the privilege of re-autho
." a vote on lew's confirmation is expected toward the end of the month. the u.s. postmaster general is now pleading with congress to take steps that will stablize the struggling postal service. "we need your help to pass legislation that allows for more revenue generation and efficient, effective cost control and fundamental changes to our business model." u.s. postmaster general patrick donahoe made that argument at a hearing wednesday on capitol hill. donahoe wants congress to lift the law requiring the postal service to "pre-fund" 75 years of benefits for retirees. the agency racked up $1.1 billion in the past year, partly because of employee benefits. donohoe wants to use a new business model that could save up to $7 billion by 2016. but senator jon tester of montana is not too happy about the postal push to end saturday delivery to cut costs. "...because it has an impact on rural montana. you may not feel it in pittsburgh, in miama, or chicago , or houston or la or any of the big cities, but we don't get mail for 5 or 6 days!" it's possile if congress doesn't act soon, the postal ser
in the airline industry. american airlines is expected to join forces with u.s. airways. so, we asked sharyl attkisson to tell us what that will mean for air travelers. >> reporter: it's the third airline mega-merger in five years. the country's third largest, american airlines, will combine with number four, u.s. airways. the result will outsize united which merged with continental in 2010, and delta, which merged with northwest in 2008. rick seaney is founder of the air traveler advice web site farecompare.com. >> in airline mergers, the people that benefit the most are wall street, to be honest. consumers end up paying more for airline tickets in general. they have less convenience because typically during mergers, there's cutbacks in flights and schedules. >> reporter: after delta bought northwest, the decreased competition sent ticket prices up more than 20% between detroit and atlanta. the united-continental deal resulted in 30% price increases between chicago's o'hare in houston and newark and san francisco. the biggest factor pushing consolidation is the price of oil. fuel accounts f
. 90 percent of the drug on our street can be traced to the cartel. chicago now held for the u.s. distribution and a source of much of the gun violence plaguing our streets today. >> you can say that he virtually has his finger print on the gun s and killing the children of the city. he has sales agents in chicago. managers of distribution. debt collectors. that, and fans in forces operating right now. forbes named him the 63rd most powerful person in the world. he is worth about a billion dollars. it is believed he is in a remote hideaway in western mexico. officials hope that it will put pressure on authorities to capture him. encouraging people in chicago to come forward with information. there is a five men in dollar reward. >> reporting live. the mayor is in washington today with the delegation. a bipartisan luncheon. delegation members and the mayor will discuss on going methods. he is the chair of a senate subcommittee which held a hearing this week. he asked the mother if he could rename. a spokesperson said the teen's parents were receptive to the idea and will work
and u.s. airways was approved. the new company will still be called american airways but will be run by u.s. airways management. the new american will have more than 900 planes, 3,200 flights a day and # 5,000 employees -- and 95,000 employees. what does this mean for passengers? can you say higher prices for everyone? stick around because lauren simonetti from the fox business network will be here with all the brand-new details. >>> they came face-to-face with chris dorner, the ex-cop accused of murdering four people. for the first time we're hearing from the couples he held hostage at gunpoint. karen and jim reynolds entered their cabin surprising dorner who was hiding out there. >> he came in. he had extension cords tied them around over our heads [inaudible] >> and i thought this is the end. >>gretchen: dorner left with their vehicles but the reynolds called 9 # -- 911 dorner was killed in another cabin. >> while 4,000 people are stranded at sea on a carnival cruise ship, here is the company c.e.o. at a miami heat game. passengers have been stuck on a ship since sunday. it is bei
incentives to do business in the u.s. house speaker john boehner says raising the minimum wage results in fewer jobs. president obama hits the road-take it full tease: obama and gun control-tele plasma vo another major issue on the agenda -- gun control. it had a big impact on last night's state of the union address. that's at 5-30. and -- a career ender? that's what some people are saying about the gop response to the president. i'll show you what happened ahead. i'll show you what happened mom, i invited justin over for lunch. good. no, not good. he's a vegetarian and he's going to be here in 20 minutes! [ mom ] don't stress. we can figure this out. ♪ [ male announcer ] get the speed to make a great first impression. call today to get u-verse high speed internet for as little as $14.95 a month for 12 months with a one-year price guarantee. this is delicious. ♪ [ male announcer ] save the day in an instant. at&t. ♪ but first -- in a story you'll only see on kron4. new evidence -- in that can help track down the arsonist in a massive fire near oakland bart. after the break. tease
's nothing on earth more mobile than capital and capital income. and the u.s. is a relatively high capital income tax country. we have about the highest corporate tax on earth. i think guiana and the congo have higher rates. other than that, nobody does. so if we try to drive up the amount of revenue we extract from capital the capital flees and there are no jobs in the u.s. so we have to have a more 21st century appreciation for how economies really work. and if we want to create high-paying jobs for people we need to create an environment that's friendly to firms to create jobs. >> the tax burden -- i was going to say, the tax burden on corporation is the lowest it's been in decades. >> because they're locating the jobs overseas. that's how the curve works. >> 11 european union commissioners, including the conservative finance minister of germany has signed on to the financial transaction tax. i think you're seeing an understanding of a 21st century economy and how it treats capital. not in this country, not from the republicans. but if i could just say one important thing. last night, t
three quarters of the u.s. airline traffic. susan mcginnis is in washington with more on this story. susan, good morning. >> good morning. this is the latest mergener this massive consolidation that has taken place over just the last five or six years. this one's going to combine the third and fourth biggest airlines to form the largest. now, the typical winners in these massive deals are usually airlines themselves because they can save on jet fuel and routes and boost profits on wall street. for travelers it often leads to higher fares, fewer flights, and fewer assets. american airlines and us airways are joining forces to join the biggest airline in the world. >>> our best goal going forward is to make it the biggest strongest airline in the country, and i suppose that's about to happen. >> the combined carrier will have american airlines' new look and its old name. it combines continental and delta. >> the only way to survive at least some of the airlines believe is to merge together, grow, and then don't overlap as much. >> with american in bankruptcy, i
for the defense industry? >> it's already terrible -- it's not just the defense industry, it's the u.s. economy which has contracted because of the anticipated loss of defense in aerospace jobs. leon panetta was confirmed 100-0. let me repeat that. 100-0. and he actually has a copy of the congressional record signed by 100 senators. i told him he ought to sell it on ebay and get rich. this hasn't happened in years, and it sure isn't going to happen with chuck hagel whom we can discuss. but the whole idea that in this reckless fashion, congress is not stopping this move to sequester of the defense or the nondefense budget just boggles my mind. i haven't been there in two years, but the people who are there are shaking their heads. let me say this. i was in munich recently for the security conference, my 11th time with john mccain, lindsey graham and a on the of others. the europeans who have economic structural problems are trying to increase their defense capability and shaking their heads at us and looking at the fact that we don't have serious problems, but we're manufacturing these economic
house about lethal drone strikes and more information about last september's attack on the u.s. consulate in benefit ghazi, libya. some republicans have said they will put a held on brep nan's confirmation until they get the details. >>> it has been a question on the minds of many parents since the school shooting in cop cop. what changes are being put in place to keep students safe. one major school system in our area is addressing those concerns. we'll have the details. coming up. >> we are clearing out after rain and/or snow crossed the region last night. what does your thursday have in store? a mostly good news forecast. we'll have that for you and julie wright has your traffic right after the break.  >>> welcome back. parts of mississippi continue to recover from a massive tornado that hit on sunday. president obama has doe cleared a federal disafter ther in the state clearing wait for some federal aide to be used in recovery efforts there. the tornado hit the campus of the university of mississippi at hattiesburg causing millions of dollars in damage. >> live loo
. this gross disparity cannot be attributed to u.s. be more violent or crime-ridden generally because our rates of non-fatal crime and adolescent fighting our average among high-income countries. most of the difference is likely due to the weaknesses in our law that allow dangerous people to have guns. another claim is that gun control laws don't work because criminals will obey them and will always find a way to get a gun through theft or the illegal market. this faulty logic can be used to argue against the need for any type of law because lawbreakers don't obey laws. the truth is that laws such as background check requirement for all gun sales and other laws to combat gun trafficking help law enforcement to keep guns from prohibited individuals. opponents of gun control point to criminals obtaining guns from the underground market as proof that regulations are pointless. but the weaknesses in current federal firearms laws are the very reason that criminals are able to obtain firearms from those underground sources. data from a national study of state prison inmates indicates that about 80% o
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for us, it's concerning u.s. markets again. germany's economy contracted the last three months of 2012. it shows the recession in the region has deepened. now evident in the continent's largest economy. jobless claims fell to the lowest number in three weeks. shattering economist's expectations. good news for the u.s. labor market. it's a deal that creates the world's biggest airline with the number three airline and the number five airline coming to the. amr, the parent of american airlines and us airways have approved their $11 billion merger. the new company, which will be called american airlines, run by current us airways ceo doug parker, will have more than 900 planes and 3200 daily flights. the deal has been in the works since august. american airlines has been in bankruptcy since november of 2011. >>> and warren buffett is putting the ring on a finger of h.j. heinz this valentine's day. the maker of ketchup and classico spaghetti sauce has said i do to $28 billion acquisition deal with berkshire hathaway and 3g capital. it's the largest food industry deal ever. heinz shareholde
of appeals for the d.c. circuit one level down from the u.s. supreme court says you had no business appointing them. the senate was not in recess and those appointments were unconstitutional and the decisions they've made are of no value now. because it's as if they were never on the board and those all get thrown out and they know more decisions from them because they're unconstitutional and yet, the board is still in session and they're proceeding as if that never happened and president obama says by the way, i'm renominating them to go through the formal senate process that they never had the first time because harry reid never got them a committee hearing. >> it's starting to seem just a bit like the president doesn't have much regard for that co-equal branch of government stuff or checks and balances. he has a very specific agenda at work here, and that is to move straight ahead with the nominations of sharon block, robert griffin. there's only one, the chairman, mark, mark gaston pierce who is lawfully confirmed by the united states senate, it's-- >> supposed to be five on the
with u.s. airway and we'll tell wow what it means for you. >>> plus new declassified documents on president clinton. >>> and we'll meet a popular radio personality, delilah, famous for her passion for love songs. that's the "cbs morning news" for this thursday. thanks for watching. i'm anne-marie green. have a great day. ng. i'm anne-marie green. have a great day. -- captions by vitac -- www.vitac.com >> your realtime captioner: linda marie macdonald >> good morning. it's thursday, february 14. you know what that means? >> i do. it's valentine's day. >> happy valentine's day. >> who are you? >> who am i? i'm frank mallicoat. i just let that go. you're michelle griego. >> you did. you did. [ laughter ] >> all right. let's check in with our meteorologist lawrence. he is out live at the flower mart in san francisco. beautiful flowers there, lawrence. >> yeah, guys. boy, you know, all these flowers have somebody's name on it on this very special valentine's day. it's going to be a fantastic day ahead. we have big changes in the weather. could s
incentives for businesses to bring manufacturing to the u.s.. when our middle class is growing and thriving make sure that their kids are doing even better than them that's the american dream. the president had to apply to georgia tomorrow friday he will visit hyde park academy. purposely set fire to the lake bear cabin in california the suspected cop killer christopher darner officials quickly denied that charge but it's still unclear police called for burners and moving forward with a burn plan experts say that burners' is actually tear gas l.a. times' sources reporting tonight that the fire may have been started after a more intense teargas was tossed. still no confirmation that it was found on that person's. carnival expected to poland to port in alabama tomorrow the mayor says that his city is ready for the influx of people professionals will be standing by to treat anyone with health issues air-conditioning has been out for days toilets are overflowing there is sewage on the hallways. joining us now from mobile alabama tonight what time is that crippled ship expected to roll in to
with the national atomic energy agency. >>> and "the wall street journal" says the u.s. and europeans have struck up a trade deal. it could take two years to compete. >>> "usa today" says there use news on chuck hagel. they could decide tomorrow. republicans are threatening to stonewall the nomination and moderate republican susan says she'll appose hagel. >> at a hearing yesterday patrick donohoe told senators the postal service needs their help. last year, keep in mind, the post office loft nearly $16 billion. >>> and the "los angeles times" says researchers believe they may have spotted the youngest black hole in the galaxy and it's not fashion only 200,000 light years away. some say a black hole could provide a passage to ano >> announcer: this national weather report sponsored by kay jewelers. every kiss begins with kay. >>> this morning los angeles police are defending the fiery end to the shoot-out with christopher dorner. we did not intentionally burn down that cabin to get mr. dorner out. >> our carter evans with new details on how things ended. >>> and another dangerous man is on the loose
travel at reagan national airport flies american or u.s. awaist. what this megamerger will mean. >>> major plans in the works to give silver spring a new makeoff. good evening, everyone. >> we begin with two major airlines, american and us airways coming together to form the world's
, with users crying conspiracies. so u.s. authorities have burned someone to death in a cabin and let it burn through the basement so no body is left. another says, come on, how is dorner's body burned bond recognition? but they found his license he just so happened to be carrying? i think dorner killed someone and left their body in that fire. others blasted the police. >> we're going to go forward with the plan with the burn. >> reporter: blaming them for the cabin fire. lapd was prosecutor, judge, jury and executioner yesterday. they burned him alive. apparently burning people alive is considered appropriate behavior for the police. from the very beginning, dorner found plenty of sympathizers. >> i just want to start off by saying i perfectly support 100% what christopher dorner is doing. >> i read this manifesto and i basically believe him. >> reporter: on facebook, more than 18,000 likes for a page titled "we stand with christopher dorner." "this was a necessary evil. god bless you, sir." >> please like anti-heroes and we have a heroes rooting for people like bonnie and clyde and butch c
one. the u.s. postal service®, no business too small. [ male announcer ] were you more interesting in your twenties, or now? when you were starting out? or after a few decades working in some well-worn character? experience makes you wiser for the wear. and now come the richer possibilities. [ children laughing ] aarp. an ally for real possibilities. find tools and resources at aarp.org/possibilities. just begin with america's favorite soups. bring out chicken broccoli alfredo. or best-ever meatloaf. go to campbellskitchen.com for recipes, plus a valuable coupon. campbell's. it's amazing what soup can do. it will if it's new outlast stay fabulous foundation. it's a primer, concealer and foundation in one for all day flawless skin. new outlast stay fabulous from easy, breezy, beautiful covergirl. if we took the nissan altima and reimagined nearly everything in it? gave it greater horsepower and class-leading 38 mpg highway... advanced headlights... and zero gravity seats? yeah, that would be cool. introducing the completely reimagined nissan altima. it's our most innovative altima e
announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail man picks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >>> by this volume of amendments on just the issue to try and raise the minimum wage. what is it about it that drives you republicans crazy? what is it? >> six years after ted kennedy asked the question, not a whole lot has changed. republicans are still opposing efforts to raise the minimum wage. and last night president obama called on congress to take some action. >> tonight let's declare that in the wealthiest nation on earth, no one who works full-time should have to live in poverty, and raise the federal minimum wage to $9 an hour. >> also part of that kennedy speech was "how many more billions of dollars do you want to
is one of the kidnapping capitals of the world. states on the u.s./mexico border may be the first places to suffer from cartel violence. by no means are they the last. all of the latin-american drug gangs to fight on through on your way to work, he says guns would help that. >> bill: this is why you need an ar-15 in every house in columbus ohio. >> after hurricane sandy we saw the hellish world that the gun prohibitions see. looters ran wild. there was no food, water or electricity. if you wanted to walk several miles to get supplies, you better get back before dark or you might not get home at all. it is the most paranoid thing i have ever read. it is crazy! >> bill: he is certifiably insane. >> we'll tweet out a link. >> bill: i can't believe the nra doesn't recognize that. every time they put him out in front, they lose ground. >> he's not helping. >> bill: alex, that gets back to the issue of ticking through some of the things -- the main ideas in the president's state of the union address very, very passionate ending talking about gun violence and gun safety and his proposal saying
Search Results 0 to 45 of about 46 (some duplicates have been removed)